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Chorus Limited Secures $1 Billion Field Service Agreements

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Chorus Limited Secures $1 Billion Field Service Agreements

An update from Chorus Limited ( (CHRUF) ) is now available.

Chorus Limited has announced new field service agreements with Downer NZ and UCG, valued at approximately $1 billion, to enhance its broadband network operations in New Zealand. These agreements, lasting until 2032 and 2035 respectively, aim to support the country’s connectivity and economic growth, while allowing other providers to participate in large-scale projects.

More about Chorus Limited

Chorus Limited operates in the telecommunications industry, focusing on providing broadband network services. The company is instrumental in maintaining and expanding New Zealand’s digital infrastructure, with a strong emphasis on fiber connectivity.

YTD Price Performance: -2.86%

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.06B

For detailed information about CHRUF stock, go to TipRanks’ Stock Analysis page.

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